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5 Bed Single Family Detached in Oak Bay

$5,995,000 - ML# 1030570
261 King George Terr
Oak Bay - OB Gonzales

This is only a guide. Please verify this information with your mortgage specialist.

Experience timeless elegance at 261 King George Terrace, a remarkable south-facing waterfront estate in Oak Bay's prestigious Gonzales neighbourhood. Built in 1933 and set on over 0.8 acres, this exquisite home boasts panoramic views of the ocean, Trial Islands, and Olympic Mountains from nearly every room. Watch whales from your beautifully landscaped backyard, framed by incredible natural rockwork. Inside, the home offers the flexibility of one-level living on the main floor featuring a spacious kitchen, formal dining and living room, principal suite, and more—making everyday living exceptionally convenient. Downstairs, a full-height walk-out basement expands your options with additional living space that opens into pristine grounds. Dual driveways each lead to their own detached double garage. With its historic charm, thoughtful layout, and spectacular setting, this is a rare opportunity to own one of Victoria’s most iconic seaside estates.

Real Estate Type:
Single Family Detached 
Layout:
Main Level Entry with Lower/Upper Lvl(s) 
Bedroom(s):
Bathroom(s):
Finished Sq. Ft.:
6061 
Unfinished Sq. Ft.:
Taxes:
$33,870.02 (2025) 
Year Built:
1933 
Elementary School:
 
Junior School:
 
Senior School:
 

Interior Details

Main Level:
 
Fireplace(s):
Bedroom(s):
Bathroom(s):
Basement Height:
7 ft - 8 in
Basement Description:
Finished,Full,Walk-Out Access,With Windows 
Interior Features:
Dining Room,Dining/Living Combo,Eating Area,Storage,Workshop 
Appliances Included:
Built-in Range,Dishwasher,Dryer,F/S/W/D,Freezer,Microwave,Oven Built-In,Oven/Range,Range Hood,Refrigerator,Washer 

Building Details

Building Style:
Balcony/Patio,Fenced,Garden,Lighting,Security System 
Building Warranty:
 
Accessibility:
 
Materials:
Concrete,Stone 
Exterior Finish:
 
Foundation:
Poured Concrete 
Roof:
Asphalt Shingle 
Heat/Air:
Hot Water,Natural Gas 
Fuel:
 
Leased Equip:
 
Exterior Features:
 
Faces:
South (front) - (rear) 

Lot Information

SqFt:
36590 
Acres:
0.84 
Frontage:
 
Depth:
 
Lot Shape:
 
Water:
Municipal 
Waste:
Sewer Connected 
Zoning:
R-3 
Parking Spaces:
 
Driveway:
 
Parking Type:
Detached,Driveway,Garage Quad+,On Street 
Lot Features:
Easy Access,Family-Oriented Neighbourhood,Level,Marina Nearby,Near Golf Course,Quiet Area,Rectangular Lot,Shopping Nearby,Southern ExposureOcean 

Room Dimensions

Room Name Level 1Level 2Level 3Level 4Level 5Other
Sq. Ft 2296.00880.002885.000.000.00
Entrance7x9
Other27x9
Living Room27x20
Dining Room16x18
Eating Area13x10
Kitchen14x13
Bedroom - Primary15x18
Walk-in Closet11x7
Ensuite4-Piece
Bathroom2-Piece
Unfinished Rooms
Patio41x13
Patio6x21

Listed with:

The Agency

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NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.